Page 379 - Personal Finance
New and old: How two tax regimes work for home loan interest benefit
You can benefit under the new tax regime but there are a few caveats
 "New and old: How two tax regimes work for home loan interest benefit")
10 things to remember if you are investing in units of a mutual fund
They work well for investors who aren't adept at picking stocks, debt and other instruments. Yet, one must consider a host of factors before choosing a scheme or fund house
 "10 things to remember if you are investing in units of a mutual fund")
15 schemes you might want to invest in to save income tax in FY24
Each of these had its own advantages and drawbacks in terms of returns, tenure, liquidity and point of taxability. Pick instruments based on your own finances, goals and investment temperament
 "15 schemes you might want to invest in to save income tax in FY24")
A snapshot of car loan rates offered by various banks with details
Here is how the car loan rates offered by various banks stack up
Fund pick: SBI Focused Equity Fund
Fund pick: SBI Focused Equity Fund
 "Fund pick: SBI Focused Equity Fund")
How have the home loan EMIs changed since RBI's repo rate hike in May 2022?
The deposit and lending rates are directly proportional to the repo rate, and they generally go up if the benchmark rate is hiked
 "How have the home loan EMIs changed since RBI's repo rate hike in May 2022?")
Large Budget allocation to infrastructure makes theme attractive
While infra funds can offer good returns over long term, returns tend to swing wildly from one year to next
 "Large Budget allocation to infrastructure makes theme attractive")
One-third of urban Indians claim dip in disposable income in last 12 months
More than a third of urban Indians have claimed that their disposable income has decreased in the last 12 months, YouGovs latest report said
 "One-third of urban Indians claim dip in disposable income in last 12 months")
Prepay at least 5% of your home loan each year to tackle rising rates
With rates cuts unlikely anytime soon, debt mutual fund investors should avoid duration calls
 "Prepay at least 5% of your home loan each year to tackle rising rates")
10 best tax-saving mutual funds in 2023
Mutual funds like ELSS are an easy way to save on income tax under Section 80c while reaping handsome potential returns on investment
Insurance execs to FM Sitharaman: Relax taxing high-value policies
They want the threshold of premiums beyond which the income from these policies is taxed raised to Rs 10 lakh per year from the current Rs 5 lakh
 "Insurance execs to FM Sitharaman: Relax taxing high-value policies")
Avoid encashing of leave while you are in service: Know the rules
Tax exemption on leave encashment is only available at retirement, resignation or termination
 "Avoid encashing of leave while you are in service: Know the rules")
New REIT, InvIT regime spells higher taxation for sovereign funds
Other foreign investors likely to face significantly higher taxation on cashflow distribution too
 "New REIT, InvIT regime spells higher taxation for sovereign funds")
Rely on term plan-MF combo instead of going for traditional plans
Don't fall prey to the hard-selling of traditional plans that is likely to end after March 31
How to move shares to another demat if you're sore with existing broker
Business Standard brings you the lowdown on demat accounts, trading accounts and a host of other terms and instruments you will find useful while moving your holdings
 "How to move shares to another demat if you're sore with existing broker")
Murugappa group's Chola expects 30% AUM growth next fiscal, bets on EVs
Chennai-based company is expanding EV presence by forming tie ups with original equipment manufacturers
For insurance cover against cancer, maintain high sum for hospitalisation
February 4 is World Cancer Day: here is advice on how meet ancillary expenses in treating disease
 "For insurance cover against cancer, maintain high sum for hospitalisation")
Transfer your child's living expense before new TCS rates kick in
Higher TCS is temporary; you can adjust it against your tax liability or get refund
 "Transfer your child's living expense before new TCS rates kick in")
Build diversified portfolio, don't chase the mirage of safe equity fund
There are three approaches investors may take as they decide their asset allocations
 "Build diversified portfolio, don't chase the mirage of safe equity fund")
Fund pick: Kotak Bond Short Term Plan
Fund pick: Kotak Bond Short Term Plan
 "Fund pick: Kotak Bond Short Term Plan")